Village Farms International, Inc. (NASDAQ: VFF) (TSX: VFF) has been ranked as the 13th top-performing company in this year’s Toronto Stock Exchange (TSX) TSX30, a flagship program recognizing the 30 top-performing TSX stocks over a three-year period based on dividend-adjusted share price appreciation.
It is the second consecutive year that Village Farms has ranked among the Canadian TSX30. The Company ranked third last year.
“We are proud to once again be recognized for the significant shareholder value we have created over the past several years as we build on our foundation as one of North America’s leading, vertically-integrated produce suppliers and steadily progress in our transition to a diversified, plant-based consumer packaged goods business, expanding into high value, high-growth opportunities in the emerging legal cannabis and CBD markets – in Canada, the United States and strategically targeted markets internationally,” said Michael DeGiglio, CEO, Village Farms. “Importantly for our shareholders, we are just at the beginning of this transformation of our business and we look forward to continuing to execute on our strategy to capitalize on these significant new opportunities to continue to drive value for our shareholders for both the short- and long-terms.”
“I share this recognition with the entire Village Farms and Pure Sunfarms teams and express my deepest appreciation for their tireless efforts as we build on our proven track record for future successes.”
The news follows Village Farm’s recent completion of a US$49.8 million direct share offering designed to finance the capital acquisition of outstanding shares in Pure Sunfarms Corp.
TSX30 is a flagship program that recognizes the 30 top-performing TSX stocks over a three-year period based on dividend-adjusted share price appreciation. The list of 2020 members includes both newer and established listed companies across a wide range of sectors.
The full ranking, methodology, and articles and video content are available on www.tsx.com/tsx30.
Source | Village Farms